South Carolina-based Alternus Clean Energy, a utility-scale transatlantic clean energy independent power producer, has entered a strategic alliance with Hover to offer commercial and industrial customers "consistent delivery of dependable, clean 24x7 power." The alliance will leverage Hover's patented wind-powered microgrids to harness both rooftop wind and sunlight, with a first project slated to begin construction this year.
The Sanctuary Award for Innovation was presented to Hover and the HMS Eaglet during a roundtable discussion on energy security and sustainable energy design at the U.S. Embassy in London. Hover CEO Chris Griffin, above right with Ian MacVicar of Task Energy Solutions, quoted King Charles during the event.
Last year, we told you that Dallas-based Hover Energy was heading into the U.K. market with its "islanded" microgrids that combine both wind and solar energy generation—enabling companies to reduce their carbon footprint by generating green energy onsite. Now the company's Wind-Powered Microgrid has been installed atop its first building in the U.K.—and its owner is the Royal Navy. A squadron leader calls the energy resilience provided by the system "vital to the security of the site."
As the demand for renewable energy solutions continues to increase, Dallas-based Hover Energy is proactively positioning itself in the market. With its strategic acquisition of Shine Development Partners—a firm with decades of experience financing solar and battery storage projects—Hover plans to expand on its patented wind-powered microgrid technology ahead of scale production rollouts.
CEO Chris Griffin notes that this move enables them to manage growth effectively by providing "depth of value and expertise" around worldwide Microgrid development initiatives.
Christopher Griffin, president of Hover Energy, stands in front of their wind turbine and answers questions from the Innovation Expo attendees at Earth Day Texas.
From a new twist on a wind turbine to flooring that generates electricity with every step, the latest clean technologies were on display at Earth Day Texas.
Dallas-based Broadwing Capital Management LLC, a private equity firm targeting lower-middle-market manufacturers and service providers, closed its inaugural Broadwing Capital Fund I LP. The $440 million fundraise exceeded the initial $350 million goal....
At a new training center in Dallas, claims professionals from insurance giant Allstate Corp. can now immerse themselves in real-world scenarios policyholders face.
Two labs at the 33,000-square-foot Allstate Claims University campus enable claims professionals to learn from re-created situations that replicate damage to homes and cars....
Fort Worth-based agtech company Ranchbot, which provides remote satellite-anchored, water-monitoring technology for livestock producers, raised more than $15 million in a Series B funding round.
In conjunction with the fundraise, the company put itself under a new corporate umbrella, Ranchbot Technology Holdings Inc.,...
Dallas-based Broadwing Capital Management LLC, a private equity firm targeting lower-middle-market manufacturers and service providers, closed its inaugural Broadwing Capital Fund I LP. The $440 million fundraise exceeded the initial $350 million goal....
At a new training center in Dallas, claims professionals from insurance giant Allstate Corp. can now immerse themselves in real-world scenarios policyholders face.
Two labs at the 33,000-square-foot Allstate Claims University campus enable claims professionals to learn from re-created situations that replicate damage to homes and cars....
Fort Worth-based agtech company Ranchbot, which provides remote satellite-anchored, water-monitoring technology for livestock producers, raised more than $15 million in a Series B funding round.
In conjunction with the fundraise, the company put itself under a new corporate umbrella, Ranchbot Technology Holdings Inc.,...